Ethical and Unethical business Practices

Ethical means someone who is honest anf follow good moral standards of their profession. And Unethical means that involves going against social or professional expectations that often used to describe bad behaviour or immortal conduct. Hope you understand the meaning of both the ethical and unethical practices H&M Swedish retailer H&M is one of the world,s most recognisable fast fashion brands. Its the second largest retailer in the world, just trailing behind Inditex (the owner of Zara), and operates in 62 countries. H&M has long been the target of widespread concern about the impact of fast fashion on the environment, and the workers who makes our clothes. H&M claims to be moving towards more sustainable policies, but just how ethical is it?  H&M has pledged to become 100% 'climate postive' by 2040 by using renewable energy and increasing energy efficiency in all its operation. This includes a commitment to making the first two tires o...

Coca-Cola Company As we all know Coca-Cola is the world's largest soft drinks brand. The company is also a major sponsor of the Olympic Games. But what of the company's ethics? Is it in the medal places or is it a corporate also-ran? Profits being The Coca Cola Company’s main incentive, it is forgetting its social responsibility and is behaving unethically. How? well, Coca Cola started its operation in Kala Dera (a large village outside Jaipur, India) in which the primary source of livelihood is agriculture. As the article states that soon after Coca Cola’s operations started, a huge decline in groundwater levels was recorded. Instead of being socially responsible and shutting down its operations in Kala Dera or relocating, the company decided to persuade people into believing that it has become water neural and it also made false claims stating that it recharges the groundwater. In my opinion, The Coca Cola company is being extremely short-sighted in matte...